Keyman Insurance

Keyman Insurance protects the people who make your business a success. In fact many companies neglect to consider this as important as guarding against the loss of physical assets. Directors and employees with specialist skills are a key part of the companies they work for. To lose one through death or incapacity can have a major financial impact – contracts can be lost, deadlines can be harder to meet and continuity and morale can also suffer

The benefits of Keyman Insurance may include:

  • Paying the costs of a temporary replacement
  • Meeting the costs of recruiting a permanent replacement
  • Covering the cost of death or incapacity of a key member of staff.

Precise cover will depend on the type of policy purchased, but companies ignore the risks of losing key staff at their own risk!